NOT LISTED FOR SALE

501 5th Way West Palm Beach, FL 33407

Spencer Lakes Neighborhood

Estimated Value: $268,000 - $294,000

2 Beds
3 Baths
1,236 Sq Ft
$230/Sq Ft Est. Value

Last Sold July 12, 2021

Last sale price $205,000 $166 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $2,036/month

About This Home

As of July 2021

Get comfortable in your new home. This 2/2.5 townhouse will not last. Pets are okay (no aggressive breeds per association).

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2021
Closed on
Jul 12, 2021
Sold by
Wagner Timothy C
Bought by
Predelis Henitte
Seller's Agent
Jeff Tricoli
KW Reserve Palm Beach
List Price
$199,900
Sold Price
$205,000
Premium/Discount to List
$5,100
2.55%
Current Estimated Value
$283,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$78,737
Avg. Annual Appreciation
8.76%
Original Mortgage
$194,000
Outstanding Balance
$177,922
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$105,815

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Predelis Henitte $205,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Predelis Henitte $194,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2022 09/09/22 Rented $2,100 0.0% --
08/18/2022 08/18/22 Under Contract -- -- --
07/28/2022 07/28/22 For Rent $2,100 0.0% --
07/12/2021 07/12/21 Sold $205,000 +2.6% $166 / Sq Ft
06/12/2021 06/12/21 Pending -- -- --
05/20/2021 05/20/21 For Sale $199,900 -- $162 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $5,370 $240,609 -- --
2023 $5,082 $225,609 $0 $225,609
2022 $3,319 $180,809 $0 $0
2021 $1,033 $66,278 $0 $0
2020 $1,012 $65,363 $0 $0
2019 $1,013 $63,893 $0 $0
2018 $904 $62,702 $0 $0
2017 $864 $61,412 $0 $0
2016 $857 $60,149 $0 $0
2015 $860 $59,731 $0 $0
2014 $864 $59,257 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Debrah Sutherland

    Seller's Agent in 2022

    Debrah Sutherland

    NextHome Pinnacle Realty

    Section Image

  • D

    Buyer's Agent in 2022

    Danielle Merricks

    Nexus Realty Florida

    (754) 900-3546

    Danielle Merricks
    Section Image
  • Jeff Tricoli

    Seller's Agent in 2021

    Jeff Tricoli

    KW Reserve Palm Beach

    (561) 220-2258

    19 in this area

    1,742 Total Sales

    Jeff Tricoli
    Section Image

  • H

    Seller Co-Listing Agent in 2021

    Hilda Tricoli

    KW Reserve Palm Beach

See All Agents

Map

Florida Palm Beach County West Palm Beach 33407 Spencer Lakes

501 5th Way, West Palm Beach, FL

Homes for Sale in West Palm Beach, FL

This home is located at 501 5th Way, West Palm Beach, FL 33407 and is currently estimated at $283,737, approximately $229 per square foot. 501 5th Way is a home located in Palm Beach County with nearby schools including Egret Lake Elementary School, Bear Lakes Middle School, and Palm Beach Lakes Community High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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